About your Search

20121121
20121129
STATION
CNBC 12
CSPAN 10
FBC 7
CSPAN2 4
KQED (PBS) 2
CNNW 1
KQEH (PBS) 1
KRCB (PBS) 1
MSNBCW 1
LANGUAGE
English 43
Search Results 0 to 42 of about 43 (some duplicates have been removed)
. i yield the floor. mr. reid: i would note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the majority leader. mr. reid: false alarm. quorum call: quorum call: mr. reid: mr. president? the presiding officer: the majority leader. mr. reid: i ask unanimous consent the call of the quorum be terminated. the presiding officer: without objection. mr. reid: i ask unanimous consent that the senate resume legislative session and the senate proceed to morning business and is allowed to speak up to ten minutes each. the presiding officer: without objection. mr. reid: i ask unanimous consent we proceed to s. 3642. the presiding officer: the clerk will report. the clerk: s. 3642, a bill to clarify the scope of the economic espionage act of 1996. the presiding officer: is there objection to proceeding to the measure? without objection. mr. reid: mr. president, i ask unanimous consent the bill be rethree times, passed, the motion to reconsider be laid on the table with no intervening action or debate, any statements be placed in the
from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out loans the remainder of year. we have the kospi in south korea down .7 of 1%. we had a north korean launch site showing increased activity. that just increased the jitters in this market. the japanese markets, they have really been on a rally, on a roll, on a tear over the last few weeks. the nikkei 225 has gained more than 9% just the last two weeks alone. the yen had something to do with this. it did strengthen a little bit against the dollar, and it continues to do so, down about half a percent as you just mentioned. so
in the ointment, deal negotiations have stalled. senate majority leader reid says little progress is being made so the fiscal cliff remains a distinct possibility come january 1st, keeping some buyers on the side lines as well. that's what you see here. coming up, governors can't afford to stall. they have to balance their budget. day two of our governors on the edge, our series on how individual states are dealing with the budget mess. it is a fox business exclusive. delaware governor has some ideas. you have to hear what he has to say. the nasdaq, trying to tune out all the noise. if the nasdaq can turn it around and post positive gains here by the close, it will be the seventh straight day of gains, the longest winning streak in 16 months, seven days in a row, and yes, i know, positive gains is redundant. just seeing if you're paying attention. you know what? somebody is always making money. don't ever let the markets fool you. if something is down, somebody else is making money on the other side. let's find out from our traders at the new york stock exchange, cme group and the nymex for our fl
's stephen colbert territory. that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county and look for a way out of? >> no. which general have is a little so here's complicated bill. it's got a lot of moving parts. does it raise taxes? look, it's pretty clear in those cases. the important part of the pledge is it allows people to credibly commit they're not going to raise taxes and the people know who and what they are. is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spending on how
to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest economic emergency facing the nation today if only the house would consent the senate-passed bill freezing --
reid on the floor of the senate only moments ago. listen to him. >> unfortunately there is one obstacle standing between you and congress to compromise, grover norquist. for years he has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this antitax zealot. his brand of ideological extremism has been bad for congress and even worse for the country. i was pleased to see republicans in congress distance themselves from norquist this week. i appreciate that very much. bill: here now to react. grover norquist, americans for tax reform. good morning to you. >> sure. bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than
president obama spoke with the house speaker boehner and the senate majority leader harry reid over the weekend. still, concerns of the crisis and the european debt crisis sent stocks down but not precipitously but down. we are seeing signs of progress in washington, dc, with rare bipartisan consensus on raising taxes on the wealthy but they remain at odds over the specifics. in other words, exactly highway do you do it. and mike emanuel is live on capitol hill. the white house is expressing putting pressure on congress. >>reporter: a report on the impact if the bush tax cuts are not extended. the study says the typical middle class family will see taxes go up by $2,200 next year affecting businesses and retailers. the argument is the families will spend less and it will hurt the economy. >> you can see it across housing, and services, and things like paying for cell phone, groceries, durable goods, auto purchases. evidence like this is a reason why retailers are so concerned that congress has not yet extended the middle-class tax cuts. >>reporter: and carney noted the president spo
of the year. >> the president and leader reid said social security should be off the table. what's your reaction to that? >> all of the entitlements need to be discussed, because they on an unsustainable path. medicare is in more immediate danger. we want to save these programs and i understand the dilemma that the president and thethey don't want to change anything. well, times change. and until we make sure these popular entitlement programs fit the demographics of the changingit's simple math. what we have lacked so far is the political courage to do what needs to be done. look, i'm not happy about divided government. i would rather have a republican president, republican senate and republic house. good things about divided government, it's the best time to do really hard stuff and i'll give you four good examples. did the comprehensive tax reform. clinton, welfare reform and balanced the budget for multiple years in the late 1990's. this is the perfect time to solve single biggest problem confronting our country and we are anxious to sit down and get the job done. \[inaudible questi
with the congressional leaders, john boehner, harry reid, mitch mcconnell, and out for thanksgiving solely today are people trying to get back starting to draw the battle lines a little bit. we seem to have burned three weeks which is time is of the essence. david: i'm thinking three years ago obamacare on christmas eve, will it come down to that? >> maybe new year's eve january january 1, mandattry spending cuts kick in on the second of january. you hit on a very important point. congress only ask when there is the gamut swinging over their heads. they often do this around christmas time. it is the final train leaving the station. finishing the christmas shopping and people start to get itchy, i compare it to stockholm syndrome. people are sweating it out after a while they start to sympathize. david: i was saying is it an either or? tax rates go up or you get in and of deductions for the wealthy, and he seemed to say both. we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant,
harry reid and mitch mcconnell sent stocks to session lows. this morning we look to open to the downside. implied open down 25. s&p looking to lose five. beige book home sales ahead. as for picture in europe, a bailout for four spanish banks getting approval from the eu. still stocks are down. italy down by almost one full percentage point. road map for the morning starts off with the fiscal cliff. the president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. >> costco joins the dividend parting initiating a $7 a share payout on top of the regular dividend. >> and a shake-up at groupon. the board may be considering co-founder being released. >> there's powerball fever. 500 million big ones in the pot. how would you spend the money and how does the fiscal cliff factor in? we'll talk strategy with a former lottery winner. >> we begin with the fiscal cliff. this afternoon president obama is scheduled to meet with several business leaders including ceos of home depot, macy's, caterpillar and at&t but futures are
time now. >> hb 800 companies and groups sent a letter to senators harry reid, mitch mcconnell and others to say that they want repeal of the medical device tax as part of the fiscal cliff deal, this is a tax not on profits, on sales, on revenue. even if you post losses you still have to pay the tax. here's what the letter writers are warning about. if it passes, it will adversely impact patient care can increase cost of health care and adversely impact jobs. it's a 43,000 jobs could be lumped medical device makers. pacemakers, stopping brain aneurysms including prosthetics for soldiers returning from overseas and the issue is why you're hitting us with an excise tax on sales? they did a study which found when you do the math it is actually 80% in federal, state and local including the excise tax. lori: why would they go throughr the medical device makers? the tanning bed tax, the kind of understand. >> here is the rationale. the house want repeal it, but has stalled in the senate. the logic is they have to have health insurance, required to have health insurance, the lo
about the comments made by harry reid with the cautionary tone with the fiscal cliff and you have to push back to washington and decisions need to be made fast. so with the intraday chart we hasselhoff again but the dow was down 68 points the s&p is down 1/3 of 1%. it was in a green but now when the red like hewlett-packard, american express way on the dow. tracy: chevron, i am. we will see when 15 minutes span of three weeks since the bombing was elected a yet there seems to be little progress to hammer out the agreement between the president and congressional leaders to avoid the looming fiscal cliff. spending cuts and tax hikes kicking and and analysts say it could kick is back into a recession. gerri willis is here to get it straight. >> i wish i could. >> is a mind-boggling we had made no progress? >> what has happened? absolute nothing now the president will go to the street he thinks the election is still on? i know understand going to pennsylvania but today he meets with middle-class americans. i would like to see all of the elite people to sit down until you get something
. it started with harry reid appointing me to the simpson- bowles commission -- 18 members. i thought this was another commission who'd work product would be lost in history and on a dusty shelf or buried in some hard drive. it turned out to be a historic effort and a game changer -- mainly through the good work of erskine bowles and ellen simpson with hard work that was put into this by 18 members, evenly divided among house and senate democrats and republicans and six public members. 11 of us voted for the final work product. i was invited to join the gang of six to continue the conversation on simpson-bowles. it expanded to the gang of eight. the conversation has been going on for two years. that is a lot of popcorn in mark warner's office. it was a great education and effort to sit across the table from conservative senators and talk through not just the reality of the deficit but the political reality of the deficit, which we have to be more sensitive to if we are looking for an honest solution. some of my friends on the left came to visit. i recall one -- the labor leader who sa
and harry reid over the weekend about avoiding the fiscal cliff. the president will meet with small business owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie miller show," welcome to it. 1-800-steph-1-2 toll free from everywhere. steven weber. he will be there nobody panic he will be right there. charlie pierce said some good stuff about the fiscal cliff and other things. this is going to be a fascinating discussion. the president playing three dimensional chess. told you so. >> never mind. >> never mind. >> corn? when did we book corn? [ laughter ] >> oh, you kids. i swear. all right, you know what? i think there's a little estrogen in the clubhouse. ♪ ♪ >> hi, jackie schechner. >> good morning
of the session. 12,879, matching what we saw when harry reid began making comments about an hour and a half ago. the nasdaq lower by nearly nine points. the s&p lower by seven points. 1399, just below the 1400 level. why the late-day selloff? most on the street blaming these words out of washington about fiscal cliff. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. so we have to get away from the happy talk and start talking about specific things. >> as we head into the fiscal cliff negotiations, my advice to the president would be seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. >> behind closed doors. even with the fiscal cliff looming over the markets, our own jeff cox with cnbc.com says there's a growing bit of optimism about the outlook for next year. take a look at some of the predictions from some of the street's biggest names regarding the s&p 500 for n
senator majority leader reid said there was little progress being made on the fiscal cliff. that was yesterday afternoon. we lost 50 points on the dow. even though mr. reid said he was hopeful a deal could be reached, damage was done. senator mccobble said democrats should be more actively involved in the debates. he said the president was traveling around the country having complain like stops, he should come back to the capitol and make a deal. today representativeboehner saying he was optimistic a cliff deal could be rachd. the market rallied nicely on that after disappointing new home sales results. just in the last hour, we've rallied because the president has come out and said he would like to have a deal on the fis calf cliff by christmas. that's exactly what the markets want to hear. they want a timetable for when a deal can be reached and they want it before the end of the year. we move up to the highs of the day on that news. >> a deal by christmas with a bow on it perhaps, bob. >>> dozens of ceos as we mentioned earlier meeting with congressional leaders right no
. harry reid just a short while ago saying there is little progress made with republicans in these discussions. he was asked, okay, where are democrats going to go on spending cuts, he says we've already done a trillion dollars in spending cuts in last year's debt deal, and we're going to want credit from that. the white house had not extended yet another invitation to democrats and republicans to come back to the white house and discuss the fiscal cliff. the president instead is going to meet with small business owners, ceos, and friday he heads out to suburban philadelphia to sell his position on taxes. republicans meanwhile are saying, look, it's time to start a deal. >> it seems like our friends on the other side are having some difficulty kind of turning off the campaign. we need to sit down and work this matter out. >> we are all here, those of us in the administration and those who have been elected to congress, to serve the american people, so to suggest that we should now that the election's over stop talking to them about these vital issues, i think, is bad advic
and majority leader senator reid from nevada. both won reelection in 2010. over a year later in march 2011, bracer are still had no love. they sent e-mail to jonathan silver who is executive dirt of the energy department phone guarantee program. he was responsible for making sure these loans went through. woolard wanted software to review a draft e-mail that the chairman of the board of bracer synergy was planning to send to william daley, who was then chief of staff to president obama at the white house. and this is from the e-mail. either e-mail or call and you can with suggestions woolard wrote. the e-mail stated the white house needs to focus on finalizing the loan guarantee for what would be the largest solar project in the world. bracer's energy was conditionally approved more than a year ago and is in the final stages of being completed. we need a commitment from the white house for a long closure between allenby india d. by march 18, end quote. a house energy and commerce subcommittee meeting last may, chairman jim jordan said to woolard, quote, you're asking the guy in charge of m
that i grow less confidence by the day. we have heard harry reid say there has been less progress in the talks. it looked to be a beneen session. we have been reading how the republicans were open to a deal that includes revenue increases. we aren't reading how the leadership agrees to it. i'm sure they don't record the presidential election as a referendum to anything. they vote for the betrayial as their own defeats. because the tax increases would amount to a de facto destruction. in other words, let's say you are a hard line democrat. you get higher taxes for the rich. the hard line democrats don't care about the stock market. they probably care that the republicans face hard line stocks anyway. many of the hard liners want a smaller defense budget. here is the bottom line. the combination of these lines pla believe that it is blissful not ignorant. the bill will come soon enough even if there is not an agreement. i say we solve the cliff and we go over the cliff and it turns out that the consumer was just past the dpraf yard all along. >> hi jim. i have grown to adore your sh
senate majority leader harry reid said lawmakers are making little progress in resolving the stand-off over tax increases and spending cuts. the dow fell 89 points, the nasdaq lost nine, the s&p 500 down seven. >> tom: as susie mentioned, talks to resolve the fiscal cliff are moving slowly. one reason is that there is deep disagreement over whether entitlement programs like social security and medicare should be on the table right now or not, and the disagreement is sharpest over social security. darren gersh takes a look at why. >> reporter: the number-two man in the senate democratic leadership argues any fix for social security's finances should come after the immediate challenge is out of the way. >> i think we should take social security off the table for the current fiscal cliff and deficit discussion, but be very honest about what we're going to achieve in the near term. >> reporter: republicans pushed back, arguing social security is part of the deficit problem because it is no longer taking in enough in taxes to cover the benefits it pays out. social security makes up the
house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't jus
at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal iff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manar behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white house today. the million dollar question? what will be the real impact on small businesss? with me now, straight from that meeting in a fox business exclusive is the cofounder of book to the roots, an urban mushroom farm growing gourmet
, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might break the pledge. >> no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national
reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
to. that is colbert territory, harry reid. that's nonsense. people take the pledge. the reason why most republicans and handful of democrats take the pledge is they don't intend to raise taxes. we send the pledge out in the mail and people make that commitment and make it part of their campaign. >> if you are running in a republican primary, it would be difficult to run in a republican primary without sin signing it. does someone come to you and look for a way out? >> what you generally have is, you have a complicated bill which has a lot of moving parts, does it raise taxes? it's pretty clear in most cases. the important part of the pledge is it allows people to credibly commit they aren't going to raise taxes and people know who and what they are. boehner and mcconnell have governed easily. they aren't going to raise taxes and allowed the republican governors or the 24 states with a republican governor and republican legislature, depending on how you count new york, 13, 14 states have a democratic governor and house and senate and there you see the red states are not raising taxe
neither house speaker john a. boehner nor senator majority leader harry reid. in a position to make it happen. >> i think that's right. when the time comes, if we get to the time where a grand bargain of, you know, big deal that would take care of the nation's fiscal challenges for the next 10 or 20 or 30 year, the president will have to be the one who lays it all out and he's argued for a balanced approach, has offered, you know, $3 in spending cuts to every $1 in tax increases. what he campaigned on. he's in a good position to make that case. not -- the moment is not right exactly right now but i think when we get there he's going to be the one that will have to frame the whole thing up. >> we saw the polls yesterday and harold, that if this doesn't work out, people are going to blame and it seems republicans will take some of the blame. i think people are beginning to look for movement from both sides but would be upset if it didn't happen with a republican party. >> it has to work out in some form or another. hopefully it's a long-term solution or patchwork solution so it's a qu
of confrontation. my way or no way. senator reid is confronted with a terrible decision. my friends in organized labor are absolutely right on this issue. none of us and no republican would say to anybody, i want to be in an election in which everybody who does not come to the polls is a judge. that is not how we run american elections. that is what was said to the senate. -- sent to the senate. is going to say, we are not going to leave washington with those out on the street as our republican colleagues would do. >> congressman, it seems to be incredibly emotional for a lot of members. can you tell us when you heard about this? what was it like for you and all of you guys? >> it was a great moment for our country because we had a person so highly respected, the most respected person in america, an elected official in america, whose name is synonymous with inspiration, respect, courage, patriotism, and she really wanted to come. i will not go into the details of when we knew what and all the rest. i was not one who would have encouraged to to -- encouraged her to come. we did not think it would
of representatives, the honorable nancy pelosi. [applause] >> good morning. speaker, leaders reid and mcconnell. today when congress bestows the congressional gold medal on arnold palmer, we will be honoring a living legend. he is an icon of american sports and a success in all of his endeavors. a humanitarian, businessman, philanthropist. he personifies the american dream, the idea that anyone can travel as far as their talent will carry them. we think him for his service in the coast guard, for protecting that american dream for all americans. born to humble beginnings and raised in latrobe, pennsylvania, arnold rose from blue-collar roots to becoming the king, the king of golf. as king of golf, he raised up arnold's army. he always demonstrated etiquette, courtesy and friendship to fans and competitors alike. as arnie's army followed him on the course, he taught everyone about perseverance and discipline. he taught us that you can be six strokes ahead, and still lose. but you can be strikes -- six strokes behind and still win. as he said, he always made a total effort, even when the odds see
and part of the gang. thank you for joining us. >> senate leaders spoke with reporters. harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking to change the rules on filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle- class family will see their taxes go up
and he doesn't want to be we've learned an awful lot about how the president and harry reid behaved behind closed doors from woodward's book, at a don't think it reflected well on the white house. but let's see that. the second point, and these are i think very both doable, and the second one is that whatever is agreed to do, that he needs to be put in writing and online for seven days so that not just the lobbyists in washington, d.c. can know what is in it, that every american can know what's in and do research and look at and have other people disaggregated and take a look at it before either the house or the senate vote on it. there's a new verb in washington called to be correct, and those of republicans who felt they were sold a bill of kids by the bush white house and the treasure department the treasure department is to do this, do this, it's an emergency. white emergencies require expenditures of money, $350,000,000,000.6 months later strikes me as the question as to whether they've been cheated or not. they think they're being cheated to be transported to be rushed out in
close at the lows of the day. a lot of concern after harry reid made some comments suggesting that maybe there was not a lot of progress made. eamon javers has commented saying you shouldn't read too closely into it, but this morning futures are indicated slightly lower once again. in europe, you'll see that there are some red arrows there as well. in france, the cac is down by about 12 points. in london, the ftse is off by 17. in germany, the dax is down by about 14.5 points. in asia overnight, same story. the hang seng was down by .6 of a percent. the shanghai composite was down by .9. the biggest loser was the nikkei. oil prices are slightly weaker, down by about 42 cents. the ten-year note at this hour is yielding 1.62%. been watching the dlampl here's something that snuck up on us. the chinese -- >> you're going to start saying that? >> you want me to call it -- >> if you start saying this other word, i'm going to learn how to say it. what made you decide? >> i'm thinking rnd, which is how they lay it out. i'm thinking rnb. >> okay, if you're going to do it, i'll practice. >> that's
. there is a theory -- patty murray is a prominent democrat. doesn't have the name recognition of harry reid. she clearly says if we don't get what we want, let's go over the cliff. this is the most important part. we talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you resolve this in a week or week and a half or two weeks, not much will happen economically speaking. the economy will not fold in on itself and we'll have this conversation eating spam in cave in the woods. >> that's good to know. he may be judging from what his weekends are like. >> that's an official view. >> where's the love? happy holidays to everybody. >> spam is not good. >> it's delicious. >> dan, thanks for stopping by. sears, kmart, walmart, best buy adding last-minute deals to sales list for black friday shoppers. find out what the deals are
of each party in the senate. mitch mcconnell and harry reid. yesterday, at the two had a little dispute on the floor. they threatened filibuster change and he can to the floor to talk about that. the washington times says they had a rare head-to-head debate on the senate floor. take a look. [video clip] >> we believe that there should be one aspect of it changed and that most of the procedure be a -- simple as that. the american people agree. >> only ones who disagree think this is working well as the republican leader and the republicans in congress. >> up the majority leader will stay on the floor. you did not address that issue. >> but of course -- that statement is untrue and i do not accept that. >> that is the point. what the majority leader is saying is that he will break the rules in order to change the rules. it has been the case in the past that it took a supermajority of 67, which of course, meant most role changes occurred because they agreed to them. instead, what they are saying is that he will propose to change the rules with 51 votes meaning his side gets to decide what
. it started with harry reid and the simpson-bowles commission. i thought this was another commission where the work would be buried on some hard drive, but it turned out to be a historic effort and a game changer. mainly through the good work of erskine bowles and alan simpson, but hard work was put into this by 18 members, evenly divided between house and senate, democrat and republican. we voted for the final work product. then i was invited to join the gang of 6 to try to continue the conversation and that expanded to the gang of 8. has been going on for two years. that's awful lot of popcorn in mark warner's office, but it was a great indication -- education and in really talking through not just the reality of the deficit but the political reality of the deficit, which we have to be more sensitive to if we're looking for a solution. all all the way, some of my friends on the left came to visit. i recall one in particular, a labor leader who said, "what is a nice progress of like you doing in a place like this? why are you hanging with these people? you know they are up to no good ." i
. >> do we have a reid war in the making. colorado and washington state voted on legalizing, and michelle malcolm. we'll ask her about that. >> a trap set for another animal, but it called a bald eagle instead. who finally came to the rescue of the symbol of our nation. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ man ] whoo-hoo! [ male announcer ] with reddi wip... that's so weird... [ whoosh! ] [ male announcer ] ...a slice of pie never sounded better. oh, yeah! [ male announcer ] that's because it's always made with real cream, never hydrogenated oil like some other whipped toppings. the sound of reddi wip... [ whoosh ] ...is the sound of joy. >> washington state and michelle's home state of colorado, well, they are the first states to legalize marijuana for recreational use and the colorado governor fam
is not for them and harry reid is not for the. at the state level -- you think taxing high income people does not affect growth? we are having an experiment. california. it is called maryland. i don't see any reason why we do not wait two years and see how california is doing with their new higher marginal tax rates on folks. and sales taxes on middle income people as well. illinois raising income taxes and sales taxes and maryland's -- a millionaire's tax for those -- they cannot leave because they are federal workers -- and those making a million dollars and walk across the border. they are testing obama's theories in the states. i think they should do it on a small state like vermont first and see how it works. but they wanted to california so we are doing california. texas and florida will give you an idea of how you can govern without an income tax -- not a 13% income-tax. people move. the kind of know what will happen -- indiana passed right to work, cutting taxes, giving half the kids in the state school choice, a voucher, a scholarship of $5,000. illinois just raise taxes so as not to
pelosi. they are also going to see house speaker jo eer john boehner, ha reid, they'll go to vegas, won't hear about what happens there, and senate minority leader mitch mcconnell. they can go visit him south of cincinnati. they went out to ask constituents who are we talking about? citizens. local business owners. large company ceos. whether their elected representative is representing them or not. john harwood kicks things off with a visit to speaker boehner's home state of ohio. you're not there yet, are you? where are you going specifically? >> i have been there already. here in washington the fiscal cliff is an abstract policy debate but in the southwest ohio congressional district of john boehner, the house speaker, which i visited last week, a tip back into recession would cause real economic pain. middle town and rest of southwestern ohio is working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now is another economic setback from the fiscal cliff. house speaker boehner and his colleagues
Search Results 0 to 42 of about 43 (some duplicates have been removed)